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Gold in the form of jewellery can be held in any amount provided one has supporting documents
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Gold prices witnessed a sharp rebound recovering from the bear territory, said Tapan Patel, Senior Analyst (Commodities), HDFC Securities
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Sudden jump in number of positive Covid cases and administrative restrictions in many cities have muted demand for gold
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"Spot gold prices for 24 carat in Delhi were down by Rs 49 reflecting overnight selling in COMEX (New York-based commodities exchange) prices while weaker rupee capped the downside," said Tapan Patel, HDFC Securities, Senior Analyst (Commodities).
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The central government has approved several amendments to the Indian Gold Coin Scheme
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"Gold prices witnessed selling with COMEX (New York-based commodities exchange) gold falling to two weeks low on stronger dollar," said HDFC Securities Senior Analyst (Commodities) Tapan Patel
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Gold rates today have increased at all major cities in Delhi, Chennai, Kolkata and Mumbai
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Gold loans act as a saviour for many in need of money, especially for those who do not have a stable job or a muted credit score
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"Gold prices witnessed selling on stronger dollar," said Tapan Patel, HDFC Securities, Senior Analyst (Commodities).
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Gold has historically been a great long-term investment for Indians. Since 1964, the price of gold for 1 gramme in India has increased from Rs 6 to over Rs 4,500. That’s a return of over 12% per year over 50 years for Indians who have bought gold as an investment over the years. If you […]